IMAGE  EVALUATION 
TEST  TARGET  (MT-3) 


\.:--.' 


1.0 


1.1 


liilM    125 
■^  iiii   122 

2.0 


us 


IM 


liSSI 


U   il.6 


Sdences 
CorporatiQii 


:^3  WBT  MAIN  STRHT 

WIISTIR,N.Y.  14StO 

(7l6)t72-4S03 


\ 


v 


^. 


\ 


\ 


CIHM/ICMH 

Microfiche 

Series. 


CIHM/ICMH 
Collection  de 
microfiches. 


Canadian  Instituta  for  Historical  IMicroraproductions  /  Inttitut  Canadian  da  microraproductions  liistoriquas 


Tachnieal  and  Bibliographic  Notas/Notaa  tachniquas  at  bibliographiquaa 

Tha  Instituta  haa  anamptad  to  obtain  tha  baat 
original  copy  avallabia  for  filming.  Faaturaa  of  thia 
copy  which  may  ba  bibllographically  unlqua. 
which  may  altar  any  of  tha  imagaa  in  tha 
raproduction,  or  which  may  aignificantly  changa 
tha  uaual  mathod  of  filming,  ara  chackad  balow. 

L'Inatitut  a  microfilm*  la  maillaur  axamplaira 
qu'il  lul  a  At*  poaaibia  da  aa  procurar.  Laa  d*tails 
da  cat  axamplaira  qui  aont  paut-*tra  uniquaa  du 
point  da  vua  bibliographiqua,  qui  pauvant  modifiar 
una  imaga  raproduita,  ou  qui  pauvant  axigar  una 
modification  dans  la  m*thoda  normala  da  fiimaga 
aont  indiqu*a  ci-daaaoua. 

Colourad  covara/ 
Couvartura  da  coulaur 

U 

Colourad  pagas/ 
Pagaa  da  coulaur 

Covars  damagad/ 
Couvartura  andommagAa 

^_ 

Pagaa  damagad/ 
Pagaa  andommag*as 

Covara  raatorad  and/or  laminatad/ 
Couvartura  rastaurAa  at/ou  palllculte 

~~~ 

Pagaa  rastorad  and/or  laminatad/ 
Pagaa  rastaur*as  at/ou  pallicul*as 

Covar  titia  misaing/ 

La  titra  da  couvartura  manqua 

X 

Pagaa  discolourad,  stainad  or  foxad/ 
Pagaa  d*co9or*as,  tachat*as  ou  piqu*aa 

1      1   Colourad  mapa/ 

Cartas  gAographlquas  an  coulaur 

Pagaa  datachad/ 
Pagaa  d*tach*as 

Colourad  init  (i.a.  othar  than  biua  or  black)/ 
1 — 1   Encra  da  coulaur  (i.a.  autra  qua  blaua  ou  noira) 

N 

Showthrough/ 
Tranaparanca 

Colourad  platas  and/or  illuatrations/ 
Planchaa  at/ou  illuatrationa  9n  coulaur 

■~" 

Quality  of  print  v^riaa/ 
Qualit*  in*gala  da  I'imprassion 

Bound  with  othar  matarial/ 
Ftali*  avac  d'autras  documants 

Includas  supplamantary  matarial/ 
Comprand  du  mat*rial  auppl*mantaira 

D 


D 


D 


Tight  binding  may  cauaa  shadows  or  distortion 
along  intarior  margin/ 

La  re  liura  sarr*e  paut  causar  da  I'ombra  ou  da  la 
distortion  la  long  da  la  marga  int*riaura 

Blank  laavas  addad  during  restoration  may 
appaar  within  tha  taxt.  Whanavar  poaaibia,  thaaa 
hava  baan  omittad  from  filming/ 
II  sa  paut  qua  cartainaa  pagas  blanchas  ajout*aa 
lors  d'una  rastauration  apparaiaaant  dans  la  taxta, 
mala,  loraqua  cala  *tait  poaaibia,  cas  pagaa  n'ont 
pas  *t*  f  ilm*as. 

Additional  comments:/ 
Commantairas  suppl*mantairas: 


D 
D 


Only  adition  availabia/ 
Saula  *dition  disponibia 

Pagas  wholly  or  partially  obscured  by  errata 
alipa,  tissuas,  ate,  hava  baan  rafilmad  to 
ansura  the  bast  poaaibia  imaga/ 
Las  pagaa  totalamant  ou  partialiamant 
obscurcias  par  un  fauiilat  d'arrata,  una  palure. 
etc.,  ont  *t*  film*as  *  nouvaau  da  fa9on  * 
obtanir  la  maillaura  imaga  possibla. 


This  itam  is  fllmad  at  tha  reduction  ratio  chackad  balow/ 

Ca  document  ast  film*  au  taux  da  r*duction  indiqu*  ci-dassous. 

10X  14X  18X  22X 


28X 


30X 


y 


12X 


16X 


»X 


MX 


2SX 


D 

32X 


TIm  copy  fllmad  h«ra  has  bMn  reproduced  thanks 
to  tha  ganarosity  of: 

National  Library  of  Canada 


L'axamplaira  film*  fut  raproduit  grAca  k  la 
gAnArosit*  da: 

Biblioth&qua  nationala  du  Canada 


Tha  imagaa  appearing  hara  ara  tha  baat  quality 
possibia  considering  the  condition  and  iagibiiity 
of  the  original  copy  and  in  Iceeping  with  the 
filming  contract  specifications. 


Les  images  suivantas  ont  4tA  raproduites  avac  la 
plus  grand  soin,  compta  tenu  de  la  condition  at 
da  ia  nattetA  de  I'exemplaira  fiimA,  et  en 
conformity  avec  les  conditions  du  contrat  da 
filmage. 


Original  copies  in  printed  paper  covera  ara  filmed 
beginning  with  the  front  cover  and  ending  on 
the  last  page  with  a  printed  or  illustrated  impres- 
sion, or  the  bacic  cover  when  appropriate.  Ail 
other  original  copies  ara  filmed  beginning  on  the 
first  pege  with  a  printed  or  illustrated  impres- 
sion, and  ending  on  the  iaat  page  with  a  printed 
or  illustrated  impression. 


Les  exempiaires  originaux  dont  la  couverture  en 
papier  eet  imprimte  sont  filmfo  en  commenqant 
par  la  premier  plat  et  en  terminant  soit  par  la 
darnlAre  page  qui  comporte  une  empreinte 
d'impreaaion  ou  d'illustration,  soit  par  le  second 
plat,  salon  la  cas.  Tous  les  autres  exempiaires 
originaux  sont  filmte  en  commen^ant  par  la 
premiere  page  qui  comporte  une  empreinte 
d'impreaaion  ou  d'illustration  at  en  terminant  par 
la  darnlAre  page  qui  comporte  une  telle 
empreinte. 


The  last  recorded  frame  on  each  microfiche 
shall  contain  the  symbol  — ^-  (meaning  "CON- 
TINUED"), or  the  symbol  y  (meaning  "END"), 
whichever  appliea. 


Un  dea  symbolaa  suivants  apparattra  sur  la 
darniAre  image  de  cheque  microfiche,  selon  le 
cas:  le  aymboia  — »•  signifie  "A  SUIVRE".  ie 
symbols  ▼  signifie  "FIN". 


Maps,  piatea,  charts,  etc..  may  be  filmed  at 
different  reduction  ratios.  Those  too  large  to  be 
entirely  included  in  one  expoaura  are  filmed 
beginning  in  the  upper  left  hand  corner,  left  to 
right  and  top  to  bottom,  as  many  frames  as 
required.  The  following  diagrams  illustrate  the 
method: 


Les  cartes,  planches,  tableaux,  etc.,  peuvent  Atre 
fllmte  A  des  taux  de  rMuction  diff6rants. 
Lorsque  le  document  est  trop  grand  pour  Atre 
raproduit  en  un  seul  cllchA,  il  est  f  ilm6  A  partir 
de  I'angle  supArieur  gauche,  de  gauche  A  drolte, 
et  de  haut  an  has,  an  prenant  le  nombre 
d'images  nicossalre.  Les  diagrammas  suivants 
lllustrent  la  mMhode. 


1  2  3 


3M 


1 

2 

3 

4 

5 

6 

'f    V 


\ 


\ 


l^: 


tf^' 


■ySf- 


THE 


MACAN     COAL     MINES 

IN    THE 
COUNTY  OF  CUMBERLAND 


NOVA     SCOTIA 


BOSTON 

1863 


TBB 


MACAN  COAL  MINES 


IN  THE 


COUNTY  OF  CUMBERLAND,  NOVA  SCOTIA 


BOSTON 

PRINTED  BY  J.  B.  CUISHOLM,  12  WATER  STREET 

1863 


MACAN  COAL  COMPANY. 


PRESIDENT. 

S.    PARKMAN    SHAW,    E«y. 

TRKASDRKK. 

.7.  (JAUDNKR  WJMTE,   Esq. 

niRKCTons. 
FHANCrs    LOrSADA,  Esq.,  IT.  «.  M.  (•<,„s.,l. 
S.    PAUKMAN    SHAW,    Esq., 
A.    D.   LAMSON,   Esq., 
(J.   B.   J()XP:s,   Esq. 
FRANCIS    HOWE,    Esq. 
L.   H.    STRAW,    Es«^, 

Cr.KUK. 

J.    W.    I'RESTON,   Esq. 


Office  of  the  Company,  19  Doane  Street 
Boston. 


N 


Vtf 


SURVEY  OF  Mi 

S/foiri/ff/  f/re  rour. 


JRVEY  OF  MACAN   MINES 

'^/foiri/ffj  f/re  rourscs  of  f/ir  yeufs. 


I  J' 


<mm 


MACAN   COAL   MINES. 


\ 


At  this  time  when  emergencies  have  caused  the  price 
of  coal  to  rise  to  an  unprecedented  rate,  it  is  evident  that 
the  public  interest  demands  a  greater  production  and  more 
extended  mining  facilities  than  have  thus  far  been  developed, 
and  to  those  wishing  to  ascertain  where  to  mine  most 
profitably,  and  with  the  prospect  of  the  largest  returns 
of  coal,  the  advantages  of  the  Macan  Mines  arc  now 
presented. 

It  is  a  self-evident  fact  that  so  long  as  coal  is  consumed 
for  domestic  use,-  and  for  making  steam  in  cotton  factories, 
woollen  factories,  locomotives,  and  steam  vessels,  and  for 
the  manufacture  of  gas,  and  the  working  of  iron,  this  min- 
eral must  always  be  in  demand,  and  as  the  number  of  these 
manufactories  annually  increase,  so  must  the  need  of  more 
coal  be  felt ;  and  the  mining  of  it  must  be  very  profitable 
if  the  mine  is  judiciously  worked.  The  coal  hitherto  mined 
on  the  M^can  veins  has  been  used  for  all  thesfe  purposes  with 
a  favorable  result.  In  this  country,  peculiarly,  the  con- 
sumption of  this  f\iel  is  increasing  with  the  general  increase 
of  population  where  it  is  employed,  with  the  wider  area  over 


6 


I  ! 


n 


a 


whichit  is  used,  with  each  new  purpose  to  wliich  it  is  applied, 
and  with  the  growth  of  every  description  of  manufacture 
requiring  power.  In  the  machine  shop  and  factory,  on  the 
railroad  and  canal,  on  the  rivers  and  the  ocean  it  is  steam 
that  is  henceforth  to  perform  the  labor,  and  it  is  not  for  human 
intellect  to  assign  a  limit  to  tlie  application  of  this  power 
in  a  country  like  that  which  we  inhabit,  and  for  the  pro- 
duction of  this  power  coal  will  be  required.  Taylor,  in  his 
Statistics  of  Coal  published  1855,  said,  "  it  would  be  no 
difficult  task  to  sliow  how  vastly  more  profitable  is  the 
application  of  labor  in  the  mining  and  working  and  transport- 
ing of  coal,  than  id  that  of  the  precious  metals.  The  value 
of  coal  ijroduced  aunuall}',  in  Great  Britain,  alone,  is  com- 
puted at  £10,000,000,  at  the  pit's  mouth.  Coal  is  now  the 
indispensable  aliment  of  industry.  It  is  a  primarj-  material ; 
engendering  force ;  giving  a  power  superior  to  that  which 
natural  agents  such  as  water,  air,  &c.,  procure.  It  is  to 
industry  what  oxygen  is  to  the  lungs,  water  to  the  plant, 
nourishment  to  the  animal.  It  is  to  coal  we  owe  steam  and 
gas ;  and  for  workshops  and  "the  domestic  hearths,  in  our 
northern  latitudes  it  is  destined  always  to  acquire  increasing 
and  more  general  use." 

The  Macav  Mines  are  situated  at  the  mouth  of  the  Macnn 
river,  on  Chegnecto  Bay,  at  the  head  of  the  Bay  of  Fundy, 
in  Nova  Scotia,  and  are  reached  by  vessels  of  the  largest 
draught. 

The  property  consists  of  mining  rights  on  640  acres  of  land, 
with  the  improvements  thereon,  extending  along  tlie  courses 
of  several  veins,  or  beds,  of  bituminous  coal.  Two  of  the  coal 
beds  have  been  opened  and  worked  with  great  profit.  The 
shape  of  the  tract  is  such  that  the  veins  comprised  in  it  are 


two  miles  in  length.      The  property  also    includes  Govern- 
ment licenses  to  search  on  the  ten  adjoining  square  miles. 

The  Pictou  coal,  to  which  this  is  closely  illied,  has  for 
some  years  been  favorably  known  to  the  public,  and  has  been 
very  profitably  worked  by  the  owners. 

In  1845,  ia  a  geological  report  to  the  Provincial  Govern- 
ment of  Canada,  Sir  W.  E.  Logan,  in  writing  of  the  car- 
])oniferous  strata  as  developed  at  the  Joggins,  a  continuous 
cliff  eiglity  to  one  hundred  feet  high,  on  tlie  south  shore  of 
Chegnecto  Bay,  mentioned  the  fact  that  "thicker  coal  beds 
appear  to  exist  to  tlie  eastward  of  the  Joggins.  On  tlie 
S  Macan    river,     whicli   falls    into    Cumberland  Bay,   a  seam 

occurs  of  ten  feet  in  thickness."     This  vein,  with  three  other 
good  veins,  liave  since  been  developed  in  tlie  Macan  Mines. 

Mr.  Dawson,  in  his  excellent  report  of  the  geological 
survey  made  for  the  British  Government,  said  that  the  finest 
and  probably  most  productive  part  of  the  coal  vein  of  the 
great  Cumberland  district  lies  in  a  line  drawn  from  Springhill 
to  Joggins.  The  Macan  Mines  lie  on  this  line,  and  have 
proved  the  truth  of  Mr.  DaWson's  theory,  for  they  have  lieen 
worked  profitably  for  the  past  two  years,  entirely  by  hantl 
labor  and  without  capital,  producing  a  good  quantity  of  coal 
which  has  sold  readily  at  very  remunerative  rates,  although 
of  course  not  mined  with  so  great  profit  as  if  worked  by 
machinery. 

The  title  is  directly  from  the  British  Government  to  the 
present  owners,  and  is  therefore  undoubtedly  secure.  The 
loading  ground  is  but  one  half  of  a  mile  from  the  mouth  of 
the  mine,  and  vessels  of  the  largest  size  will  be  able  to 
approach  the  Company's  wharf.  These  mines  lie  more  than 
two  hundred  miles  nearer  to  Boston  than  the  Pictou  or  Sydney 


8 


1^   ■■\ 


mines  and  therefore  have  an  advantage  of  freight.  The 
quality  of  the  coal  has  been  highly  commended  by  those  who 
have  used  it. 

These  mines  were  first  opened  by  Mr.  William  Patrick, 
the  former  owner,  about  two  years  since.  With  scanty 
means,  and  working  therefore  on  a  very  contijacted  scale, 
he  has  been  able  to  send  off  one  cargo  from  the  large  vein, 
and  has  sold  one  hundred  tons  from  a  smaller  vein  of  two 
feet  width. 

Mr.  Patrick  has  sunk  a  slope  of  80  feet  in  length  ou  the 
seam  of  coal  at  30  degrees  inclination,  and  has  stoped  on 
either  side  to  a  considerable  distance.  He  has  also  run  an 
adit  of  400  feet  on  water  level  from  which  he  has  taken  large 
quantities  of  coal.  He  is  now  running  a  large,  thoroughly 
built  adit  which  will  drain  the  mines,  and  save  the  expense 
of  pumping,  and  he  is  pushing  the  work  vigorously. 

The  quantity  of  coal  in  these  mines  is  believed  to  be 
inexhaustible,  at  any  probable  rate  of  mining,  for  many 
yeai's. 

A  short  distance  to  the  west  of  the  Macan  Mines  are 
situated  the  Lawrence,  and  the  Victoria  mines,  the  former  on 
the  east,  and  the  latter  on  the  west  side  of  thi  Hebei't  river. 
The  principal  veins  of  both  these  mines  pursue  a  direction 
nearly  east  and  west,  and  it  is  tlie  opinion  of  Mr.  Patrick 
and  others,  that  they  crop  out  on  the  Macan  property,  while 
the  latter  possesses  veins  not  found  on  cither  of  the  others. 

Some  idea  of  the  quality  of  the  coals  in  the  Macan  Mines, 
and  of  the  profit  with  which  they  may  be  worked,  can  be 
obtained  from  the  reports  of  the  Lawrence,  and  the  Victoria 
mines. 


The  report  of  the  Victoria  Company  says : 
"  Taking  30,000  tons  as  the  quantity  shipped  in  one  year, 
the  result  of  the  season's  operations  will  be  as  follows  : 
Expense  of  mining  and  delivering  on  board  vessel 

30,000  tons  at  Si,         ....        $30,000 
Incidental  expenses,  wear  and  tear,  salaries,  &c.      3,000 


30,000  tons  realize  at  $2, 
Profit  of  season's  business, 


$33,000 

60,000 

$27,000" 


The  selling  price  of  coal,  $2,  given  above,  is  too  low, 
$2.50  is  the  actual  price.  Mr.  Patrick  has  sold  all  his  product 
at  $3.50  per  chaldron.  This  price  is  realized  on  tlie  wharf 
at  the  mines. 

The  Lawrence  Coal  Company  commenced  shipping  coal 
within  the  last  twelve  months,  and  the  results  thus  far  justify 
their  expectation  to  divide  this  year  10  per  cent,  upon  their 
capital  of  $200,000,  notwithstanding  the  very  considerable 
amounts  expended  on  the  necessary  permanent  works  at 
their  mines. 

Analysis  of  these  coals  have  been  made  by  Dr.  A.  A.  Hayes 
of  this  city,  and  Mr.  R.  Foulis  of  St.  John,  New  Brunswick, 
both  distinguished  as  analyzing  chemists  and  assayers. 

Dr.  Hayes  says  of  the  coal  from  the  Victoria  mine  on 
Hebert  river,  "It  is  strictly  a  gas-producing  coal.  Of  100 
parts  it  contained 

Loose  volatile  matter  .  36.00 
Carbon  in  coke  left  .  51.84 
Grey  Ash  .        .        .        12.16 


100.00 


/ 


10 


^11 


"In  the  gas  a  small  proportion  of  sulpluircttod  carbon  is 
found,  but  the  general  characteristics  of  the  gas  correspond 
to  those  of  Pictou  coal  gas.  4.17  cubic  feet  of  gas  were 
atl'orded  by  1  lb.  of  the  coal,  which  is,  a  larger  volume  than 
Pictou  coal  makes. 

"As  a  basis  coal,  therefore,  this  sample  i)romiscs  to  be 
highly  desir.ible  for  gas  manufacturing,  the  coke  being 
gi'ey  black  and  quite  dense,  and  affords  much  heat  in 
burning. 

"  In  burning  and  aft'ording  heat  it  holds  a  place  between 
Sydney  and  Pictou  kinds,  closely  resembling  the  latter." 

Mr.  Foulis  says : 

"The  specific  gravity  of  the  coal  is  1.345,  and  it  would 
l)e  an  excellent  article  for  gas  making  purposes,  when 
mixed  with  cannel  coal,  and  where  good  coke  is  rocjuired. 
as  the  latter  takes  the  shape  of  the  vessel  in  which  it  is 
made." 

It  is  estimated  that  an  outlay  of  ?.')(),000  at  the  Maoan 
Mines  will  i)roduce  a  net  profit  of  ?50,000  per  annum,  and 
that  an  increased  outlay  will  produce  a  still  larger  ratio  of 
net  profits.  ' 

It  is  proposed  to  commence  operations  at  once  and  pursue 
the  work  with  energy,  the  property  having  been  already 
secured. 

The  Macan  Coal  Company  have  secured  for  their  mines  a 
first  class  Superintendent,  Mr.  Patrick,  tlie  former  owner  of 
this  property.  The  following  letter  is  a  testimonial  of  the 
reliability  of  Mr.  Patrick  and  his  opinion  as  a  skilful  and 
reliable   mining  captain : 


11 


volume  than 


"  Office  of  Preston  Coal  and  Iron  Co. 
13  Broadway, 
New    York,  Uat  May,  1858. 
*' Mr.  William  Patrick, 
"Dear  Sir, 

"For  four  years  past  you  have  been 
in  our  employ  as  Superintendent  of  our  mines  in  Allegany  Co., 
Maryland.  During  that  time  you  have  erected  new  machin- 
ery and  otherwise  improved  our  works,  all  of  which  has  been 
done  to  our  satisfaction. 

"  We  regret  that  the  state  of  the  coal  trade  at  present  is 
such  that  it  is  not  advisable  for  us  to  mine,  and  that  the 
salary  we  offer  you  while  standing  idle  is  not  worth  your 
remaining  with  us. 

"  It  is  with  regret  we  part  with  you,  and  we  take  pleasure 
in  recommending  you  to  any  person  or  company  who  may 
want  an  honest,  reliable,  skilful  man. 

"  With  the  kindest  wishes  for  your  future  happiness  and 
prosperity, 

"I  am, 

Yours  respectfully, 

"DAVID  D.  VOORHEES, 

President." 

The  following  letter  from  Mr.  Patrick,  the  Superintendent 
of  the  Macan  Mines,  will  serve  to  show  his  opinion  of  the 
property  and  of  the  prospect  of  working  the  mines  with  profit : 

"  Macan  Mines,  5th  June,  1863. 
"Dear  Sir, 

"  I  would  have  written  you  sooner  but  expected 
to  have  the  large  vein  of  coal  opened  on  the  west  side  of  the 
fault  before  I  wrote.     I  expect  we  will  bd  down  to  the  coal 


,< 


i 


12 

within  two  or  three  days,  but  it  will  take  at  least  a  week  to 
get  to  the  bottom,  as  the  vein  including  the  fireclay  in  the 
middle  is  about  10  feet  thick.  Have  got  the  pit  down  about 
12  feet  und  expect  to  get  the  coal  in  about  4  or  5  feet  more, 
so  that  the  pit  to  the  bottom  of  tiie  coal  will  be  about  25  feet, 
nearly  level  with  our  old  mine,  then,  by  driving  a  mine  about 
30  feet  through  the  fault  to  our  old  mine,  it  will  drain  itself 
without  a  pump,  which  will  be  a  great  saving  in  the  cost  of 
raising  the  coal.  This  vein  is  allowed  to  be  lietter  than  the 
Ilebert  or  the  Lawrence  vein,  but  I  think  inferior  to  the  vein 
down  the  brook  where  we  were  working  last  winter,  which 
I  am  confident  is  the  best  vein  in  this  coal  basin. 

"  I  have  been  engaged  in  the  mining  business  since  a  boy, 
practically  and  experimentally,  and  I  think  it  is  rare  to  find  a 
better  prospecv  for  a  capitalist  to  invest  money  profitably  in 
the  coal  mining  business  than  tlie  Macan  Mines,  as  can  easily 
l)e  seen  l)y  visiting  them.  All  it  wants  is  capital  and  proper 
management  to  make  money. 

"  Please  find  enclosed  an  analysis  [in  the  first  part  of  this 
report]  of  the  river  Hebert  coals  by  A.  A.  Hayes  and  ii.  Foulis. 
It  may  be  of  service  as  we  have  the  same  veins." 

In  a  subsequent  letter  Mr.  Patrick  writes,  "  We  have  struck 
the  upper  vein  of  coal  (10  feet  vein)  in  the  mine  about  24  feet 
north  of  the  pit,  so  we  have  reason  to  believe  that  a  short 
time  will  ])ring  us  to  the  3  feet  vein  which  lies  immediately 
under  the  one  we  are  into  now,  on  the  east  side  of  the  fault. 
I  will  endeavor  to  have  the  work  driven  ahead  as  expeditiously 
and  economically  as  possible."  In  another  letter  he  says,  "  I 
have  found  a  vein  of  20  inches  of  good  coal  100  feet  north  of 
the  2  feet  vein." 

These  veins  are  in  addition  to  other  veins  on  the  property, 
which  make  it  appear  to  be  a  large  coal  bed. 


13 


Mr.  Patrick  having,  from  his  long  experience  aa  Superinten- 
dent of  the  great  mines  in  Maryland,  a  thorough  knowledge 
of  the  requirements  for  working  a  first  class  mine  most  skil- 
ftilly  and  profitably,  and  knowing  perfectly  this  mine  and  the 
force  o*"  men  required,  and  tlie  price  of  labor,  and  having 
ascertained  at  St.  John  the  cost  of  engine,  rails  for  road, 
tools,  &c.,  at  that  place,  makes  the  following  estimate  of  ex- 
penses, calculating  the  price  of  machinery  and  of  labor  at 
maximum  rates  and  the  result  of  coal  product  per  man 
at  minimum  estimate. 

"To  make  this  a  first  rate  and  permanent  investment  I  would 
sink  the  slope  about  250  feet  ftirther,  which  would  cost  about 

$2  per  foot, 

Engine  20  horse  power, 
House  and  fixtures  for  engine. 
Force  pump  and  fixtures,       ... 
30  small  wagons  anci  whirleys,     - 

850  feet  chain, 

Smith  shop  and  fixtures,  ... 
House  for  coal  in  winter,  ... 
10  double  houses  for  20  families. 


22  tons  T  rail  for  railroad, 

1400  sleepers  for  railroad. 

Grading  and  laying  road,        ... 

10  two-ton  cars  from  mine  to  wharf, 

3  horses,  barn,   horse,  wagon  and  harness, 

Wharf,  tools,  ..... 

Right  of  way  and  land  for  railroad. 

About  10  per  cent,  for  extras. 


500. 
1600. 

400. 

300. 

300. 
50. 

100. 

200. 
2000. 
1320. 
84. 

500. 

300. 

400. 

600. 

500. 

900. 


$10,054 


14 


"  It  will  require  about 


fe    - 


I    '!   I 


60  Minors  to  raise 

100  tons  per  day, 

at  81.50  each, 

75.00 

2  KouilHiiu'i), 

«1. 

2.00 

2  Banksnion, 

«1. 

2.00 

1  En<rinc'er, 

1.00 

1  Smith. 

1.50 

1  Ilelppr, 

1.00 

3  Drivers, 

•1.        « 

3.00 

1  Wi'iglicr, 

1.00 

3  Horses, 

.50  c." 

1.60 

100  Props  per  day 

for 

niinu, 

.03     " 

3.00 

Oil  ami  extras, 

6.00 

896.00 

"  You  see  according  to  my  calculation  it  will  cost  about 
810,000  to  complete  these  works  for  raising  and  shipping 
from  100  to  150  tons  of  coal  u  day.  The  mine  and  machinery 
will  be  ample  for  150  tons  if  wanted,  and  would  require  a  few 
more  minors,  but  would  make  very  little  ditt'erencc  in  the 
expense  any  other  way. 

"  I  think  I  have  made  all  my  calculations  as  high  as  they 
can  go,  so  that  you  have  the  worst." 

Multiplying  Mr.  Patrick's  figures  in  the  ratio  at  which  the 
Company  intend  to  work,  it  is  seen  that 

1000  tons  per  diem  cost  8960. 

1000      "    "      "      at  83.  realize  3000. 


Each  day's  profit, 


82040. 


pi.  It 


!h, 


7.V00 
2.00 
2.00 
1.00 
1.50 
1.00 
3.00 
1.00 
1.50 
3.00 
5.00 


»96.00 

1  cost  about 

and  shipping 

nd  machinery 

require  a  few 

-Tcnce  in  the 

high  as  they 

at  which  the 


$960. 
3000. 

62040. 


BY-LAWS 


or  TUB 


MAC  AN    (;()AL   COMPANY. 


ARTICLE  I. 


The  Annual  Meeting  of  the  Stociiholders  of  the  Macan 
Coal  Company  shall  be  held  in  the  City  of  Boston  on  the 
second  Monday  of  Jidy,  in  each  year,  at  such  time  and  place 
as  the  Directors  shall  appoint,  and  such  meetings  may  be 
adjourned  from  time  to  time  and  place  to  place,  without 
publishing  or  giving  further  notice. 

ARTICLE  II. 

The  officers  of  the  Companj'  shall  be  seven  Directors,  a 
President,  a  Treasurer,  and  a  Clerk.  The  Directors,  Treasurer 
and  Clerk  shall  be  chosen  by  the  Stockholders  at  their  first 
meeting,  and  thereafter  at  the  annual  meetings  of  the  Company' 
and  shall  continue  in  otHce  until  the  next  succeeding  annual 
meeting,  or  until  others  are  chosen  and  accept  in  their  stead. 


16 

The  PrcBldont  shall  be  chosen  by  the  Hoard  of  Dircctois, 
from  one  of  tlicir  niimber,  ftt  their  first  meeting  nftcr  election, 
or  at  some  adjournment  thereof;  and,  ♦b'Tcafte  ,  at  their  first 
meeting  next  succeeding  the  annual  meeting  tf  the  Company. 

ARTICLE  III. 

It  shall  be  the  duty  of  the  President  to  preside  at  all 
meetings  of  the  Company,  and  of  the  Directors  ;  and  in  Luo 
event  of  his  absence,  resignation,  or  inability,  a  Trci^idont, 
pro  tempore  may  be  appointed. 


ARTICLE  IV. 

The  Treasurer  shall  have  the  custody  of  all  monies,  valuable 
papers,  liooks,  and  accounts  of  the  Company,  subject  at  all 
times  to  the  inspection  and  control  of  the  Directors  ;  he  shall 
pay  out  money,  taking  suitable  vouchers  therefor,  and  give 
or  negotiate  such  notes  or  bills  of  exchange,  for  such  amounts 
and  at  s^uch  times,  as  the  business  of  the  Company  may 
requirt.",  and  the  Directors  may  order,  but  for  no  other 
purpose  ;  and  he  shall  or  may  endorse  notes,  checks  or  bills 
of  exchange  received  by  the  Company  in  the  prosecution  of 
their  business,  making  careftil  record  thereof  in  the  books 
of  the  Company.  He  shall  record  all  transfers  of  stock  and 
shall  cancel,  and  careftiUy  preserve  certificates  of  all  stock 
transferred;  and  he  shall  perform  all  duties  pertaining  to 
the  office  of  Treasurer.  He  shall  give  a  bond,  with  sureties, 
satisfactorj'  to  the  Direct<^vs,  foi'  the  falthAil  performance 
of  his  duties  in  the  penal  siuii  c''  ♦en  tho.  aad  dollars 
($10,000.) 


•* 


17 


ARTICLE  V. 

The  Clerk  shall  keep  a  record  of  the  proceedings  and 
doings  of  the  Company,  and  of  the  Directors,  at  their  meetings. 
In  the  event  of  his  absence,  or  iuahiUty,  a  Clerk,  ;^ro  tempore, 
may  be  chosen. 

ARTICLE  VI. 


The  Corporate  Seal  shall  be  a  circle,  on  which  shall  be 
borne  the  name  of  the  Company,  and  the  year  of  it&  organ- 
ization, 18G3,  of  which  seal  the  Treasurer  shall  have  the 
custody. 

ARTICLE  VII. 

The  Directors  shall  have  the  general  supervision  and 
control  of  the  affairs  of  the  Company.  They  shall  hold  their 
first  meeting  upon  due  notice  being  given  l)y  the  Clerk  of 
said  Company,  and  thereafter  shall  meet  at  such  times  and 
places  as  they  shall  deem  needftd  and  convenient.  The  Clerk 
shall  notify  meetings  of  the  Directors  upon  the  request  of 
any  two  of  their  number,  by  gi\'iig  written  or  printed  notice 
of  the  time  and  place  thereof  to  each  Director.  The  Directors 
may  appoint  such  agents  or  superintendents  as  they  may 
deem  best,  and  they  may  make  arrangements  for  the  com- 
pensation of  the  Treasurer,  Agent,  or  any  other  person 
employed  by  the  Company,  in  such  way  and  manner'as  they 
shall  deem  best.  The  Directors  shall,  from  time  to  time, 
order  such  division  of  the  profits  of  the  Company,  as  they  may 
think  advisable  ;  and,  at  any  of  their  meetings,  foui"  Directors 
shall  constitute  a  quonim  for  the  transaction  of  business. 


18 

ARTICLE  VIII. 

Each  holder  of  Stock  shall  be  entitled  to  a  certificate,  or 
certificates,  of  his  or  their  shares  therein,  upon  the  ftiU  payment 
of  the  par  value  of  each  share,  sealed  with  the  Seal  of  the 
Company,  signed  by  the  Treasurer,  and  countersigned  by  the 
President,  in  the  following  form : 


No. 


-Shares. 


MACAN  COAL  COMPANY. 

0IU;AXIZED  UNDEU    the    (IENEKAL    statutes  of  MASSACHUSETTS. 


This  certifies   that- 


-of- 


-is  entitled   to 


Company. 


-Sliares   in  the  Capital  Stock  of  the  Macan  Coal 


this- 


Capital 

Stock 

8200,000. 


Witness  the  Seal  of  the  Company  at  Boston 
-day  of A.  D.  18— 

Shares 
6100 
each. 


»         Seal  of        i 
-President.  )  the  Company.  ( 


-Treasurer. 


On  tlie  reverse  of  which  certificate  shall  be  the  following 
transfer,  namely : 

For   value  received liereby    sell   and  transfer  to 

of ,     Shares  in    the    Macan  Coal 

Company,   numbered ,    dated   the day    of , 

A.  D.  18—. 


\ 


f*"q 


#-«t-' 


19 


ARTICLE  IX. 

Special  meetings  of  tlic  Company  may  be  oidei'ccl  by  tlie 
Directors  at  such  time  or  times  as  they  shall  deem  best,  and 
they  shall  order  the  same  to  be  called  on  the  written 
application  of  persons  owning  one  fifth  in  value  of  the  shares 
of  said  Company,  all  which  meetings  sliall  be  hold  at  such 
time  and  place  as  tlio  Directors  shall  order,  in  llic  City  of 
Boston,  and  the  Clerk  shall  give  notice  of  the  time  and  place 
of  every  annual  and  special  meeting  by  depositing  a  written 
or  printed  notice  in  the  Post  Office  in  Boston,  (postage 
prepaid)  to  the  address  of  each  Stockholder,  according  to 
the  stock  record,  or  by  publication  in  some  newspaper 
printed  in  the  city  of  Boston,  in  either  mode  at  least  seven 
daj's  previous  to  the  time  specified  for  holding  sucli  meeting. 

The  Clerk  shall  recoril  the  date  on  which  he  so  deposits  or 
publishes  such  notice,  upon  tlie  record  book  of  tlie  Company 
and  such  record  sliall  be  conclusive  evidence  of  the  fact. 

At  any  annual  or  special  meeting  of  the  Company,  persons 
or  corporations  holding,  or  representing,  one  eighth  part  in 
number  of  the  shares  of  the  said  Company  shall  constitute  a 
quorum  for  the  transaction  of  business. 


ARTICLE  X. 

The  capital  stock  of  this  Company  shall  be  $200,000 
divided  into  two  thousand  shares  at  a  par  value  of  one 
hundred  dollars  for  each  share. 


'*-fo; 


20 


ARTICLE  XI. 


These  By-Laws  may  be  altered  or  amended  at  any  annual 
meeting  of  the  Company,  or  at  any  special  meetinjj,  in  the 
call  for  which  notice  is  given  that  an  alteration  or  amend- 
ment of  the  By-Laws  will   be  proposed. 


rr 
4 


